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Tuesday, December 5, 2023

Janus International Group Inc (NYSE: JBI) Could Be Viewed Differently By Investors Because Of These Numbers

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Janus International Group Inc (JBI) shows that investor sentiment remained same, with the stock’s consolidated last price to $9.43. The Janus International Group Inc has recorded 25,436 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Janus International Group to Report Third Quarter 2023 Results on November 6, 2023.

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Stocks Info

The company is listed on the NYSE and operates within the Building Products & Equipment industry segment. At the end of the last regular session, the stock closed at $9.43 and fluctuated between $9.47 as its day high and $9.20 as its day low. The current market capitalization of Janus International Group Inc is $1.38B. A total of 0.77 million shares were traded on the day, compared to an average of 1.58M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, JBI has seen 2 BUY and 6 SELL insider trades, representing the acquisition of 8,058 and the disposition of 21,369,007 shares. Over the last 12 months, there were 19 BUYs and 21 SELLs from insiders. Insiders purchased 280,126 shares during that period but sold 30,994,820.

In the most recent transaction, CLEARLAKE CAPITAL GROUP, L.P. sold 21,369,007 shares of JBI for 10.50 per share on Sep 15. After the transaction, the Director now owns 181,288 company shares. In a previous transaction on Jun 20, CLEARLAKE CAPITAL GROUP, L.P. sold 7,711,621 shares at 9.09 per share. JBI shares that Director owns now total 348,946.

Among the insiders who sold shares, CLEARLAKE CAPITAL GROUP, L.P. disposed of 1,900,000 shares on Dec 14 at a per-share price of $9.31. This resulted in the Director holding 409,320 shares of JBI after the transaction.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for JBI in the last 3 months, the mean price target is $15.58 with high estimates of $17.00 and low estimates of $13.50. In terms of 52-week highs and lows, JBI has a high of $12.45 and a low of $8.19.

As of this writing, JBI has an earnings estimate of $0.24 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of $0.26 per share and a lower estimate of $0.21. The company reported an EPS of $0.18 in the last quarter, which was 5.90% higher than expectations of $0.17.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. JBI’s latest balance sheet shows that the firm has $13.19M in Cash & Short Term Investments as of fiscal 2021. There were $718.15M in debt and $140.35M in liabilities at the time. Its Book Value Per Share was $3.02, while its Total Shareholder’s Equity was $268.29M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for JBI is Buy with a score of 5.00.

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